St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-10-05

A RTICLES OF INCORPORATION OF
"A the Globe Building Company-Know all
men by these presents. that the undersigned
persons do hereby associate themselves to-
gether for the purpose of becoming corpor-
alton under and pursuant to the provisions
OF title 2, chapter "a, of the General Statutes
OF the state OF Minnesota, and the amend
ments thereto, and to that end have adopted
and signed the following articles of incor-
poration:
Article 1.-The name of this CORPORATION
Shall be the Daily Globe Building Company
The general nature of the business of said
corporation shall be to buy own, improve,
sell, lease or otherwise use or dispose of
lands, tenementsa and hereditaments within the
county OF Hennepin, in the state of Minnesota
and especially to purchase parcel or parcels
OF land within the city of Minneapolis. in
said county, and to erect building or build
lngs theron sufficient to accommodate the
business of the ''Globe Publishing Company
corporation duly existing, and for other
purposes, and to lease the same, or some part
thereof, to said corporation and other ten
ants, or TO other persons, or otherwise use
or dispose of the same as it may deem ex-
pedient.
The principal place of transacting the bus
mess of said corporation shall be the said
city of Minneapolis, Minnesota.
Art. 1.-THE time of the commencement of
said corporation shall be the goth day of
October. 1887, and the period of its contfuu-
ance shall be thirty years thereafter.
Art III.-The amount of the capital stock
or said corporation shall be the sum of two
hundred thousand dollars, and the same shall
be paid in at such times and in such Install
ments or in such manner or issued upon
such terms as the board of directors of said
corporation, hereinafter provided for, may
order, or as may be prescribed by the bylaws
OF said corporation.
Art. IV.-The highest amount of indebted
ness or liability to which said corporation
shall at any time be subject is the sum of one
hundred thousand dollars ($10OO0O).
N-Tha MI ~ nci
dence of persons forming such associa-
ion for incorporation are Lewis Baker, who
resides res inthe city of st. Paul, Mimi, and
Thomas j. Buxton, John G. Oswald, A: r
resides in the city of Minneapolis, Mimi.
Art. VI-The names of the first board of
directors are as follows, namely: The said
Lewis Baker, Thomas j. Buxton, John C.
shall hold office until the next election of
directors and until their successors are
elected and enter upon their duties or accept
office
The government of said corporation and
the management of its affairs shall be vested
in beard of five directors, who Except the
present directors) shall be stockholders, and
shall be elected hereafter in each year by the
stockholders at their annual meeting to take
place on the first Wednesday of June in each
year, at the Office of said corporation in said
city of Minneapolis, unless or until otherwise
changed by the bylaws. There shall also be
secretary, and there may be such other officers
as may be provided by the board of directors
or prescribed by the bylaws; all to be elected
by the directors on the same day of the an
nual stockholders meeting, unless otherwise
changed by the bylaws The directors may
fill all vacancies in their own number, or of
any officer for the unexpired term, and may,
prior to their next annual election by the
stockholders, elect all the officers Of said
corporation to hold Office until the next
annual election and until their successors are
elected and enter upon their duties or accept
office. The directors and other officers, ex-
eept as herein otherwise provided, shall
hold Office for one year and until their sue
cessOrs are elected and enter upon their du-
ties or accept office. The directors shall
have power to adopt all bylaws and prescribe
the duties of officers.
The first meeting of the corporation shall
be on the goth day of october, 1887. at the
office of A. T. Ankeny, Nos. 404 and 4O5
Boston block, in said city of Minneapolis at
10 o'clock a. m, and the directors may meet
at the same place and on the same day i'm
mediately after the said meeting Of the
corporators.
Special meetings of the stockholders and
meetings of the directors may be called by
the board of directors or under the bylaws
upon such notice as may be prescribed.
Special meetings Of the directors may be
called by three directors in the absence OF q
bylaw, at such time and place and upon such
notice as they may designate; and in case
there shall be no meeting of the corporators
at the time herein specified such meeting of
corporators may be called by three directors
at such time and place in the said city of
Minneapolis as they may designate, and by
giving to such corporators at least one week s
notice by mail, addressed to them respect
lively at their residence as far as known to
said directors.
Art, VII.-The capital stock OF said corpor-
alton shall be divided into two thousand
shares of one hundred dollars each.
In witness whereof the said corporators
have hereunto set their hands and seals this
2Sth day of September, 1886.
LEWIS BAKER, [Seal1
TJ. BUXTON, fSeal.f
j. C. OSWALD. fSeal.f
A. T. ANKENY, fSeal
H. T. BLACK, [Seal